Hni Corp Stock Odds of Future Stock Price Finishing Under 50.93
| HNI Stock | USD 50.37 0.18 0.36% |
HNI |
HNI Corp Target Price Odds to finish below 50.93
The tendency of HNI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 50.93 after 90 days |
| 50.37 | 90 days | 50.93 | about 12.36 |
Based on a normal probability distribution, the odds of HNI Corp to stay under $ 50.93 after 90 days from now is about 12.36 (This HNI Corp probability density function shows the probability of HNI Stock to fall within a particular range of prices over 90 days) . Probability of HNI Corp price to stay between its current price of $ 50.37 and $ 50.93 at the end of the 90-day period is nearly 4.5 .
Considering the 90-day investment horizon HNI Corp has a beta of 0.2. This usually indicates as returns on the market go up, HNI Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HNI Corp will be expected to be much smaller as well. Additionally HNI Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. HNI Corp Price Density |
| Price |
Predictive Modules for HNI Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HNI Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.HNI Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HNI Corp is not an exception. The market had few large corrections towards the HNI Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold HNI Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HNI Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 2.20 | |
Ir | Information ratio | -0.03 |
HNI Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of HNI Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HNI Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HNI Corp generated a negative expected return over the last 90 days | |
| HNI Corp has a poor financial position based on the latest SEC disclosures | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 408 shares by Petersen Jennifer Sue of HNI Corp subject to Rule 16b-3 |
HNI Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of HNI Stock often depends not only on the future outlook of the current and potential HNI Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. HNI Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.4 M | |
| Cash And Short Term Investments | 34.5 M |
HNI Corp Technical Analysis
HNI Corp's future price can be derived by breaking down and analyzing its technical indicators over time. HNI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HNI Corp. In general, you should focus on analyzing HNI Stock price patterns and their correlations with different microeconomic environments and drivers.